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$187,000

2103 S POLK Street, Amarillo, TX, 79109

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.82 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,970 sqft

Building Information

Year Built1926
Roof Type105
Garage Spaces1

Land Information

APNR-014-4700-0485
Lot Number23
SubdivisionMrs M D Oliver-Eakle
Land UseResidential
Legal DescriptionMRS M D OLIVER-EAKLE, LOT 023, BLK 0011, HAND ADDITION
Census Tract014702
Assessed Land Value$6,750
Assessed Improvement Value$143,942
Assessment Year2025

About this property

Welcome home to this character-filled Craftsman-style gem, perfectly situated in the sought-after Oliver Eakle neighborhood just minutes from Amarillo College & with easy access to I-40. From the moment you arrive, the large covered front porch invites you to slow down & stay awhile -- the perfect spot to unwind after a long day. Inside, you'll find beautiful hardwood floors & a spacious living area designed for easy furniture arrangement & effortless entertaining. The formal dining room offers plenty of room for a statement table & memorable gatherings. The kitchen is a standout, featuring gleaming granite countertops, & open shelving that delivers an on-trend farmhouse aesthetic any home chef will love. A dedicated office space keeps work-from-home life organized, while the light-filled sunroom -- ideal as a homeschool room, craft studio, or peaceful retreat -- adds rare flexibility to the floor plan. Both the primary bedroom & 2nd bedroom are generously sized w/ rich wood floors, sharing a full hall bath. Need extra space? The detached workshop is ready to become your dream man cave, private office, or home gym. Out back, a deck, fountain, & concrete patio create an inviting outdoor living space, & the unfinished basement offers exciting potential for future expansion.

Investor Tools

Property Icon
$187,000
Estimated Property Value
$0Estimated Mortgage Balance
$38,997Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,295
$150,692
2025
$6,750
$143,942
$150,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,295
$150,692

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$157,985
Yes
First
Dec 16, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,003
$38,997
20%
79%
$948/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
$948/mo
+$102/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Amarillo

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